Term Insurance, a rip-off !!??

Term Life Insurance addresses both concerns by offering an affordable Insurance Protection as well as a band aid Solution. The premiums in Term Life Policies are cheaper in the initial years however on renewal the prices sky Rocket .

As an observation the premium rise is to the tune of 300to 800%

. As a Price illustration $500,000 Term for a 40-year-old male, non smoker with Canada Life is $385 a year. The renewal premium is $2500

Following 2 Reasons Prohibit customers in investing in a permanent Policy where the premiums are fixed with a life time protection.

Premiums are not within the insured’s Budget

When the insurance is Time Bound. Term Protection adds value when Life insurance is needed for mortgage, business loans or line of credit.

Term Life Insurance is not a viable option when Life Insurance policy is purchased to offset Taxes or to enhance the insured’s overall estate reason being if the insured lives beyond the initial term the renewal will be unaffordable whereby defeating the policy to fulfill it’s purpose.

Randy and Nancy M have been clients of Aman for over 2 years: ” Aman has been able to help us with our insurance needs twice in the last 2-3 years. Our coverages have improved with his advise. He understands that our need for insurance stems from our love for our family. We feel extremely happy in meeting him and conversing with him. We praise his knowledge on the subject and his sincerity.”

Please read what Vrao P. said about Aman on Linkedin: “Aman is a Sincere, Hardworking and dedicated, a detail-oriented Financial Genius watches the financial balance sheets without ever losing sight of the strategic objective. Aman brought excellence to his work as Financial Advisor and Mentor in guiding my Investments, has Very good management skills, People Skills and can keep the team spirit Lively always. As a Client, I feel absolutely great working with Aman and I can attest Aman to the success that he brought. I highly recommend him to any of his future endeavors. I wish Aman all the best in her future endeavors. Top qualities: Great Results, Good Value, High Integrity. .